Ashton Steel

Management buy-in of Ashton Steel Stockholders Limited

Strategic Corporate Finance acted as lead deal advisers to the acquirers on the management buy-in of Ashton Steel Stockholders Limited.

Ashton Steel Stockholders Limited is a steel stockholder of black and bright carbon alloy engineering bar. It is located at Hadfield, near Glossop in Derbyshire and employs around 20 people.

The buy-in team, Andrew Heyes, Andrew Guest and Paul White, who between them have over 50 years experience of steel stockholding, consider that steel stockholders differentiate themselves primarily on the level of service that they offer to customers. The buy-in team intend to enhance the range of products stocked.

Strategic Corporate Finance acted from an early stage on the acquisition, negotiating the deal with the vendors, structuring the transaction, finance raising and advising on all matters through to legal completion of the buy-in.